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Nevada Copper readies to resume production

Nevada Copper continues preparing for the restart of processing operations at its Pumpkin Hollow underground mine, in the US, which is planned for the third quarter, subject to revision based on impacts of the Covid-19 pandemic and other factors. The miner also said...

Barrick Gold sells stake in Chinese miner

Canadian gold major Barrick Gold has sold most of its shares in Chinese miner Shandong Gold, booking gross proceeds of $210-million. The company sold 79 268 800 shares of Shandong Gold at a price of HK$20.50 a share – nearly double the HK$10.50 that it bought the...